Adam Schefter of ESPN reports that the Lions and Suh reached an agreement on a five-year contract today.

Although there's still some contractual language that needs to be worked out, Schefter reports that the total value of the contract will be more than $60 million, or $12 million a year. No word yet on how much of that will be guaranteed, or on whether Suh will end up with a better deal than Matthew Stafford got as the No. 1 overall pick of the Lions a year ago. But suffice to say, Suh will be well compensated.